RSC
ActiveSummary
RSC has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,103 and a net result of €82,171. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+18
Solvency68▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.47 in 2024; short-term debt: 48.3% and cash: 5.9% of total assets), but 57.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.9%
Return on assets
15.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
39 d early
2023
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 December (3 of the last 3 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?LDL GROUP HOLDING · 17 companies
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Financials · fiscal year 2025, abbreviated schema
Equity
€228,103▲ 56.3%
2024 · €145,932
Total assets
€531,690▼ 19.9%
2024 · €663,801
Net result
€82,171▲ 852%
2024 · €8,633
Working capital
€236,229▲ 21.6%
2024 · €194,241
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€65,628-€18,698▼ 71.5%€120,680▲ 545%
Net result€37,300within the sector's middle half-€8,633within the sector's middle half▼ 76.9%€82,171within the sector's middle half▲ 852%
Equity€137,300within the sector's middle half-€145,932within the sector's middle half▲ 6.3%€228,103within the sector's middle half▲ 56.3%
Total assets€713,119within the sector's middle half-€663,801within the sector's middle half▼ 6.9%€531,690within the sector's middle half▼ 19.9%
Debt€575,819-€517,869▼ 10.1%€303,587▼ 41.4%
Working capital€223,059within the sector's middle half-€194,241within the sector's middle half▼ 12.9%€236,229within the sector's middle half▲ 21.6%
Solvency19.3%below the sector's middle half-22.0%within the sector's middle half▲ 2.7pp42.9%within the sector's middle half▲ 20.9pp
Current ratio1.55within the sector's middle half-1.47within the sector's middle half▼ 0.071.92within the sector's middle half▲ 0.45
Return on assets (ROA)5.2%within the sector's middle half-1.3%within the sector's middle half▼ 3.9pp15.5%above the sector's middle half▲ 14.2pp
Staff (FTE)3.5within the sector's middle half-5.3within the sector's middle half▲ 51.4%5.2within the sector's middle half▼ 1.9%
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 545% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €531,690
Fixed assets
€38,508 ▼ 35.4%
Current assets
€493,182 ▼ 18.4%
Equity and liabilities €531,690
Equity
€228,103 ▲ 56.3%
Debt
€303,587 ▼ 41.4%
Debt's share of the balance-sheet total falls from 78.0% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€143,232▲
2024 · €41,484
Cash flow
€104,723▲
2024 · €31,419
Quick ratio
0.72▼
2024 · 0.73
Debt to equity
1.33▼
2024 · 3.55
ROE
36.0%▲
2024 · 5.9%
Interest coverage
16.09▲
2024 · 6.27
Debt ≤ 1 year
€256,953▼
2024 · €409,970
Debt > 1 year
€46,634▼
2024 · €107,899
Income taxes
€29,913▲
2024 · €3,542
Staff costs
€422,142▲
2024 · €382,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €340,642 | €382,212 | €422,142 | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,022 | €22,786 | €22,552 | ▼ 1.0% |
| Other operating charges640/8 | €1,892 | €1,755 | €1,768 | ▲ 0.7% |
| Gross operating margin9900 | €439,184 | €425,452 | €567,142 | ▲ 33.3% |
| Operating profit (loss)9901 | €65,628 | €18,698 | €120,680 | ▲ 545% |
| Financial income75/76B | - | €95 | €304 | ▲ 220% |
| Recurring financial income75 | - | €95 | €304 | ▲ 220% |
| Financial charges65/66B | €15,373 | €6,619 | €8,900 | ▲ 34.5% |
| Recurring financial charges65 | €15,373 | €6,619 | €8,900 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €50,254 | €12,174 | €112,084 | ▲ 821% |
| Income taxes67/77 | €12,955 | €3,542 | €29,913 | ▲ 745% |
| Profit (loss) for the period9904 | €37,300 | €8,633 | €82,171 | ▲ 852% |
| Profit (loss) for the period to be appropriated9905 | €37,300 | €8,633 | €82,171 | ▲ 852% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €713,119 | €663,801 | €531,690 | ▼ 19.9% |
| Fixed assets21/28 | €82,376 | €59,590 | €38,508 | ▼ 35.4% |
| Intangible fixed assets21 | €65,292 | €47,444 | €30,993 | ▼ 34.7% |
| Tangible fixed assets22/27 | €17,085 | €12,146 | €7,515 | ▼ 38.1% |
| Plant, machinery and equipment23 | €5,151 | €3,978 | €2,805 | ▼ 29.5% |
| Furniture and vehicles24 | €11,933 | €8,168 | €4,709 | ▼ 42.3% |
| Current assets29/58 | €630,743 | €604,211 | €493,182 | ▼ 18.4% |
| Stocks and contracts in progress3 | €238,392 | €304,668 | €307,136 | ▲ 0.8% |
| Stocks30/36 | €238,392 | €283,132 | €307,136 | ▲ 8.5% |
| Contracts in progress37 | - | €21,536 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €129,356 | €227,980 | €147,406 | ▼ 35.3% |
| Trade receivables40 | €112,485 | €180,627 | €147,406 | ▼ 18.4% |
| Other amounts receivable41 | €16,871 | €47,353 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €249,951 | €50,258 | €31,351 | ▼ 37.6% |
| Deferred charges and accrued income490/1 | €13,044 | €21,305 | €7,289 | ▼ 65.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €713,119 | €663,801 | €531,690 | ▼ 19.9% |
| Equity10/15 | €137,300 | €145,932 | €228,103 | ▲ 56.3% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €37,300 | €45,932 | €128,103 | ▲ 179% |
| Distributable reserves133 | €37,300 | €45,932 | €128,103 | ▲ 179% |
| Amounts payable17/49 | €575,819 | €517,869 | €303,587 | ▼ 41.4% |
| Amounts payable after more than one year17 | €168,136 | €107,899 | €46,634 | ▼ 56.8% |
| Financial debts170/4 | €168,136 | €107,899 | €46,634 | ▼ 56.8% |
| Amounts payable within one year42/48 | €407,683 | €409,970 | €256,953 | ▼ 37.3% |
| Current portion of amounts payable after more than one year42 | €59,226 | €60,237 | €61,265 | ▲ 1.7% |
| Trade debts44 | €198,125 | €199,301 | €105,331 | ▼ 47.1% |
| Suppliers440/4 | €198,125 | €199,301 | €105,331 | ▼ 47.1% |
| Taxes, remuneration and social security45 | €50,332 | €50,432 | €90,357 | ▲ 79.2% |
| Taxes450/3 | €2,677 | €0 | €43,364 | - |
| Remuneration and social security454/9 | €47,655 | €50,432 | €46,993 | ▼ 6.8% |
| Other amounts payable47/48 | €100,000 | €100,000 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,300 | €8,633 | €82,171 | ▲ 852% |
| + Depreciation and write-downs630 | €31,022 | €22,786 | €22,552 | ▼ 1.0% |
| Operating cash flow (approximation) | €68,322 | €31,419 | €104,723 | ▲ 233% |
| Investment in fixed assets (approximation) | - | €0 | -€1,470 | - |
| Change in cash | - | -€199,693 | -€18,906 | ▲ 90.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
State Gazette act
Resignations: LDL GROUP HOLDING NV (director) and LDL IMMO NV (director)Appointments: Sarah Norton, Ben Gujral and LDL GROUP HOLDING NV · Mandate compensation12 facts ▸
State Gazette act
Resignations: LDL GROUP HOLDING NV (director) and LDL IMMO NV (director)
Appointments: Sarah Norton, Ben Gujral and LDL GROUP HOLDING NV · Mandate compensation12 facts ▸
- General meeting, 11/02/2026
- Board meeting, 11/02/2026
- Director resignation, LDL GROUP HOLDING NV (director)
- Director resignation, LDL IMMO NV (director)
- Director appointment, Sarah Norton (director)
- Director appointment, Ben Gujral (director)
- Director appointment, LDL GROUP HOLDING NV (director)
- Mandate compensation, RSC
- Director resignation, LDL GROUP HOLDING NV (managing director)
- Director resignation, LDL IMMO NV (managing director)
- Director appointment, LDL GROUP HOLDING NV (managing director)
- Mandate compensation, RSC
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2023net €82,171 ▲852%
Operating result €120,680, net result €82,171, both a record.
30-06
Financial
Equity above €200,000Eq €228,103 ▲56.3%
3 profitable years in a row build equity to €228,103.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €8,633 ▼76.9%
Net result drops to €8,633, the lowest in the series; recovery starts the following year.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26040192). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
Ben Gujral
CurrentDirector · since 11-02-2026
LDL GROUP HOLDING
CurrentDirector · since 11-02-2026 · Public limited company
Sarah Norton
CurrentDirector · since 11-02-2026
Day-to-day management 1
LDL GROUP HOLDING
CurrentManaging director · since 11-02-2026 · Public limited company
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2022
Ground area
2,529 m²
Building footprint
1,645 m²
Volume, LiDAR
10,384 m³
Parcel 44054A0078/00R000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RSC
since 20222.328.004.552
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054A0078/00R000 | Flanders | 2,529 m² | 1 · 1,645 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
4 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Ben Gujral |
|
| LDL GROUP HOLDING |
|
| Sarah Norton |
|
| LDL IMMO NV |
|
Structure & network
Part of the group
LDL GROUP HOLDING
17 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
Highest known parent: LDL GROUP HOLDING. The sources do not say who stands above it.
Owners 2
-
100%
-
30%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
JADE
Shared corporate director
→
Jade Holding
Shared corporate director
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,323 EUR awarded · 3,037 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,344 EUR | 1,170 EUR |
| 2024 | 1 | 700 EUR | 400 EUR |
| 2023 | 1 | 89 EUR | 703 EUR |
| 2022 | 1 | 1,190 EUR | 764 EUR |
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Of 887 companies in sector 33110 we hold annual accounts for 442. 326 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-02-2022
Fiscal year end30-06
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
46649Wholesale of other machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
46150Agents in the wholesale of furniture, household goods and hardware
46620Wholesale of machine tools
46842Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782300149
Also
9925:BE0782300149
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.